ASSOCIATION REQUIRES PERSONAL INTERVIEW TO ISSUE THE APPROVAL CERTIFICATE

TARACOMO TOWNHOME CONDOMINIUM ASSOC, INC Mailing Address: 13755 SW 84 St Miami, FL 33183 Tel: 305.388.0008 Fax: 305.809.8968 E-mail: taracomo@westkendallmgmt.com REQUIREMENTS FOR PURCHASE / LEASE APPROVAL: ALLOW UP TO 10 BUSINESS DAYS FOR PROCESSING 1) Fill out all blanks of the application and authorization form and return the original application package. An incomplete application will delay the process. 2) A non-refundable application fee payable to West Kendall Management, Inc. in the sum of $150.00, which includes spouses/domestic partner and minors. Every extra applicant over18 years of age will pay $50 fee. Only Cashier Check or Money Order is accepted. IF APPLICANTS WISH TO PROCESS THE APPLICATION IN LESS THAN 10 DAYS, THERE IS A $50 RUSH FEE. 3) A copy of the purchase/lease agreement must be attached, which an addendum stating the tenant s obligation to pay rent to the association if the owner defaults FL Statutes 718.116(11). Addendum is provided as part of the application package (no needed for Buyers) 4) A/C Addendum if you are a buyer 5) Copy of driver s license or passport for all prospective tenants/occupants. 6) Copy of all cars registration must be present. All registration on the name of an approved tenant 7) Completed Occupancy Information Sheet 8) Signed Acknowledgement Form, Authorization Form and Summary of some rules and regulations 9) A check for $500 as deposit for the lease duration, payable to Taracomo Townhomes for Lease only. 10) National (USA) background check will be run to applicants. Felonies or other serious crime should be considered bases for disapproval. Court dispositions may help is available. 11) PURCHASE BY FOREIGNERS: If applicant(s) do not have a US social security number please provide a copy of the most recent passport(s) and three (3) letters of reference. One (1) letter must be from a bank, two (2) letters must be from individuals who are currently living in the United States. No application will be processed without these items. 12) FOR BUYERS, A/C ADDENDUM SIGNED IS MANDATORY 13) Upon approval, tenants/owners must pay $25 for parking decal ONLY if they own an (1) additional car to the ones associated (assigned) to their units in money order. This is conditioned to guest spot availability. In any case, ALL car registration must be provided with this application 14) EITHER FOR LEASE OR SALE, THE APPROVAL IS PENDING TO BRING THE UNIT S ASSESSMENT ACCOUNT(S) CURRENT IMMEDIATELY, AS WELL AS TO PAY ANY DUE FINE. ASSESSMENTS INCLUDE REGULAR, SPECIAL AND WATER Submit original application by mail to: Taracomo Townhomes Condominium, c/o West Kendall Management Inc, 13755 SW 84 ST Miami, FL 33183 or Drop it at our mail box located at the Association Clubhouse, same address; or Deliver it in person during office hours: Tuesday 5:00 PM 7:00 PM, Wednesday 9:00 AM 11:00 AM and Thursday 9:00 AM 11:00 AM All of the items mentioned above will need to be received before an application is processed. Upon closing transaction Title Company and/or buyer will provide copy of warranty deed to update financial records. ASSOCIATION REQUIRES PERSONAL INTERVIEW TO ISSUE THE APPROVAL CERTIFICATE Page 1 of 10

TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION, INC. APPLICATION FOR OCCUPANCY FILL IN ALL BLANKS - APPLICATION MAY BE RETURNED IF NOT FULLY COMPLETED Date Estimated Date of Occupancy This application is for: Lease ( ) Purchase ( ) of Address: Realtors Name Phone ( ) YOUR NAME: Last First MI DOB: SSN: Phone ( ) DRIVERS LIC # STATE MARITAL STATUS: Married ( ) Separated ( ) Divorced ( ) Single ( ) SPOUSES NAME /DOMESTIC PARTNER: Last First MI DOB SSN: DRIVER LIC# STATE No. of persons who will occupy the unit How many under 18 years of age: List people beside spouses / domestic partners who are over 18 years of age: Full Name: SS Number: Full Name: SS Number: Full Name: SS Number: Pets: Yes ( ) No ( ) How many? Type: Weight Cars (2 bedroom units, two cars; 3 bedroom units, three cars): Make and Color Model Plate# State Make and Color Model Plate# State Make and Color Model Plate# State RESIDENCE HISTORY PRESENT ADDRESS: APT # OWN ( ) RENT ( ) City State Zip From Name of Landlord PHONE ( ) PREVIOUS ADDRESS: APT # OWN ( ) RENT ( ) City State Zip From Name of Landlord PHONE ( ) If above two addresses don t complete a period of 5 year, please provide a third address: PRESENT ADDRESS: APT # OWN ( ) RENT ( ) City State Zip From Name of Landlord PHONE ( ) Page 2 of 10

EMPLOYMENT HISTORY ARE YOU EMPLOYED? Yes No Retired? Yes No If you are employed, give your Company s name or your last employer as applicable YOUR EMPLOYER: From to City State Zip Phone ( ) Dept or position Supervisor Monthly Income PREVIOUS EMPLOYER: From to City State Zip Phone ( ) Dept or position Supervisor Monthly Income SPOUSE / DOMESTIC PARTNER SEMPLOYER: From to City State Zip Phone ( ) Position Supervisor Monthly Income SPOUSE / DOMESTIC PARTNER PREVIOUS EMPLOYER: From to City State Zip Phone ( ) Position Supervisor Monthly Income REFERENCES (NO RELATIVES) 1. Name Phone ( ) Address: Alt. Phone ( ) 2. Name Home Phone ( ) Address: Alt. Phone ( ) CHECKING ACC BANK: Phone ( ) City State Acct # Have you ever been arrested and convicted for anything other than a minor traffic offence? Yes ( ) No ( ) If yes, Please explain: Applicant represents that all information given is true and correct, and understand that as part of our procedure for processing your application, an outside agency & WEST KENDALL MANAGEMENT INC, will make an investigation from the information is given and present their findings to us for review. This investigation may include, but is not limited to, character, general reputation, credit, residence, and criminal search. Applicants agree not to hold that Association or its agent liable for the discovery or non-discovery of information of any actions taken as a result of this investigation. Authorization is hereby given to release banking, credit, residence, employment and other information pertinence to this application Signature Spouse / Domestic Partner Signature Page 3 of 10

APPLICANTS: Most banks, financial institutions, mortgage companies and employers require your signature and name printed to verify information. Please complete form below. ***AUTHORIZATION FORM*** You are hereby authorized to release information to screening consultant, THECREDITBUREAU.COM, any and all information they request with regards to verification of my\our bank account(s), residential history, driver s license, criminal history, credit history, judgments, bankruptcy, liens and employment history/income to be used for my/our Application for residence/employment screening process. I/We here waive any privileges I/We may have with respect to the said information in reference to its release to screening consultants, THECREDITBUREAU.COM for reporting purposes. I further agree that a seven-year criminal record search will be conducted and reported if deemed necessary. I/We hereby authorize THECREDITBUREAU.COM. to obtain and verify such information including accessing consumer reporting agencies as well as performing a criminal and eviction records search, and other checks required by the Association. I/We hereby release and hold harmless THECREDITBUREAU.COM and its affiliates, employees, agent, and any other organization that provides information from any and all liabilities arising out of the use of such information in connection with THECREDITBUREAU.COM. Applicant s Signature Applicant s Name Printed Spouse s Signature Spouse s Name Printed Signature of Another Person older than 18 to live in the unit Person s Name Printed Date Signed Note to Applicant: Banks required your signature and name printed as authorization to verify information. If your bank will not respond to verbal or fax requests, please go directly to your branch for written verification of opening date of account and average balance signed by a bank representative and fax it to us. Thank You. TARACOMO TOWNHOMES CONDOMINIUM Page 4 of 10

Occupancy Information Sheet To ensure effective communication with owners/tenants we request you fill out the following information: TENANT (fill below) Full Name: Cell Phone: Alternate Phone: E-mail: Property Address: OWNER (fill below) Owner Mailing Address: Cell Phone: Alternate Phone: E-mail: Tenant Emergency Contact: Name Phone: How many vehicles will you have? Three bedrooms units are allowed three vehicles (Maximum) if a guest spot is available, otherwise two. Two bedrooms units are allowed two vehicles (Maximum) if a guest spot is available, otherwise one. Page 5 of 10

Acknowledgement of Rules and Regulations For Taracomo Townhomes Condominium I hereby agree for myself and on behalf of all who may use the apartment/unit which I seek to Purchase/Rent: 1) I will abide by all the restrictions contained in the By-Laws, Rules & Regulations, and restrictions which are or may in the future be imposed by TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION. 2) I understand I must be present when any guests, visitors, or children who are not permanent residents occupy the Apartment and swimming pool. 3) I understand that any violation of the terms, provisions, conditions, and covenants of TARACOMO governing documents provide cause for immediate action as therein provided under appropriate circumstances. 4) I affirm that I have read a summary of the Rules and Regulations, and also the FAQ sheet contained in this application, and I agree to abide by them I understand that the acceptance for Purchase/Rent of an apartment at TARACOMO is conditioned upon the truth and accuracy of the application for occupancy and upon the approval of the Board of Directors. Any misrepresentation or falsification of information on these forms will result in the automatic reject of this application. Occupancy prior to approval is prohibited. I understand that the Board of Directors of the TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION may cause to be instituted such an investigation of my background as the Board may deem necessary. Accordingly, I specifically authorize the Board of Directors or West Kendall Management, the manager, to make such investigation and agree that the information contained in the attached application may be used in such investigation, and that the Board of Directors and Officers of TARACOMO itself shall be held harmless from any action or claim by me in connection with the use of the information contained herein or any investigation conducted by the Board of Directors. Signature Date Print Name Signature Date Print Name Page 6 of 10

TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION SUMMARY OF SOME RULES & REGULATIONS 1) The parking lot is not a playground. In order to maintain the safety no one is allowed to play in parking lots or condominium sidewalks, neither using parking lot for gathering or meet. 2) Rollerblading, Skate Boarding, Roller Skating, or Bicycling is not permitted in the common areas. 3) There is a 5 M.P.H. speed limit in the parking lots. 4) If a unit owns additionally to the assigned parking spaces, another car, they will need to pay $25 to be able to park in a guest space conditioned to guest space availability. More than one additional car won t be accepted under any circumstances. 5) No hitting balls again the exterior walls of the condominium. 6) Only small pets allowed. Dog must be leashed when walking outside the unit, and feces must be picked and dispose 7) Guest staying for more than 24 hours must request Visitor Parking Permit for a maximum of 2 weeks period (nonrenewable) 8) Units of two bedrooms have one assigned parking slot. Units of three bedrooms have two assigned parking slot. Guest parking is a common element managed at the Association discretion. 9) Garbage is to always be disposed inside the trash dumpster. Rules are published on the dumpsters. 10) Recyclable items must be placed separately inside each recycling container. 11) Break and flatten all carton boxes prior to placing in dumpster. 12) No rugs, furniture, construction materials, bushes or bulky items are to be dumped in the trash dumpster. 13) Nothing shall be hung from balcony railings including: laundry, bathing suits, towels, etc. 14) Balconies shall not be used as storage areas. 15) No architectural changes or alterations to common areas are allowed without the prior written approval from the Board of Directors. Page 7 of 10

16) Air Conditioning Unit Replacement requires Board s Approval and submission of license and insurance of contractor before starting any job. 17) Quiet hours for residents will be in effect daily between 11:00 P.M. and 7:00 A.M. 18) Working hours for employees and vendors of the Association are Monday through Friday between 8:30 A.M. and 6:00 P.M. At sole discretion of the Board and because of emergency reasons, some works can be performed outside this timeframe. 19) Pool hours from 9 AM to Sunset 20) No children under 13 years permitted in the pool area without adult supervision 21) Balcony/patio and screen enclosures of both are the sole responsibility of owners. The Association does not assume any responsibility for damages, repair and replacement. Screens must be in good maintenance status, otherwise Association will require removing. 22) No car is authorized to park in the grass. Vehicles with commercial signs are not allowed unless they are covered overnight INSTRUCTIONS DURING MOVING AND SETTLE ON THE UNIT UHaul or other commercial truck used to move in/out are not allowed to stay overnight during the move Cars and truck used during the move cannot park in the grass under any circumstances No construction debris, furniture, and big items can be disposed in the garbage. Association garbage containers are only for household garbage disposal. No move can be performed outside the timeframe of 7 AM to 11 PM No repair can be performed outside the timeframe of 7 AM to 11 PM NOTE: THE STATEMENTS CONTAINED HEREIN ARE ONLY A SUMMARY IN NATURE OF THE RULES AND REGULATIONS OF TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION. THE ASSOCIATION MAY IMPOSE FINES TO RECOVER DAMAGE CAUSED BY UNIT OCCUPANTS, GUEST AND OWNERS. IF THE APPLICANT(S) DON T SPEAK ENGLISH AND NEED HELP TO UNDERSTAND ANYTHING IN THE APPLICATION AS WELL AS THE RULES AND REGULATIONS, PLEASE CONTACT THE MANAGEMENT OFFICE. I READ AND UNDERSTOOD THE RULES SUMMARYABOVE: PRINT NAME: ---------------------------------------- SIGNATURE: Page 8 of 10

TARACOMO TOWNHOMES CONDOMINIUM ASSOCIATION Frequently Asked Questions and Answers Sheet Q. What are my voting rights in the condominium association? A. Each unit shall be entitled to one vote at any meeting of the Association, which vote is not divisible. If a unit is owned by more than one person, the owners of said unit shall designate one of them as the voting member (voting certificate), or in the case of a corporate unit owner, an officer or employee of the Corporation must be designated as the voting member. For further information please refer to Taracomo Townhomes Association By-Laws and Florida Statutes 718 Q. What restrictions exist on my right to use my unit? A. Units may be used for residential purposes only for owners and his/her immediate relatives. Under no circumstance a unit can be used for commercial purpose. For further information please refer to Taracomo Townhomes Association By-Laws, Florida Statutes 718 and County Ordinances. Q. What restrictions exist on leasing of my unit? A. No owner may lease his unit for less than a year, and without the express written consent of the Board of Directors of the Association after filling the approved application. Units cannot be subleased Q. How much are my regular assessments to the condominium association for my unit type and when are due? A. Assessments are due in equal monthly installments on the first day of each month. The monthly assessments for the current fiscal fiscal year are $324, $320 and $272 based on the size of unit. Assessment not paid on or before the 15 th of each month are assessed a late fee of $25. Q. Do I have to be a member of the Association? A. Only owners become automatically member of the Association in the moment they acquire ownership the property Q. Could the use of common elements be limited? A. If a unit owner is delinquent for more than 90 days in paying a monetary obligation due to the association, the association may suspend the right of a unit owner or a unit s occupant, licensee, or invitee to use common elements, common facilities, or any other association property until the monetary obligation is paid Page 9 of 10

Q. Violations and fines A. The association may levy reasonable fines for the failure of the owner of the unit, or its occupant, licensee, or invitee, to comply with any provision of the declaration, the association bylaws, or reasonable rules of the association. A fine may not exceed $100 per violation. However, a fine may be levied on the basis of each day of a continuing violation; the fine may not in the aggregate exceed $1,000 Q. Could my voting rights be restricted? A. The association may also suspend the voting rights of a member due to nonpayment of any monetary obligation due to the association which is more than 90 days delinquent. The suspension ends upon full payment of all obligations currently due or overdue the association. Q. What happens if I am renting the unit and paying to the owner, but the owner is not paying to the Association? A. If the unit is occupied by a tenant and the unit owner is delinquent in paying any monetary obligation due to the association, the association may make a written demand that the tenant pay the future monetary obligations related to the condominium unit to the association, and the tenant must make such payment Fl ST 718.116(11) Q. Is the condominium association or other mandatory membership association involved in any court cases in which it may face liability in excess of $100,000? If so, identify each such case. A. At this time, the condominium association is not involved in any court cases facing a liability in excess of $100,000. Q. Am I required to pay rent or land use fees for recreation or other commonly used facilities? If so, how much am I obligated to pay annually? A. Only the Clubhouse is rented for social activities for a reasonable fee. Q. Is there any current special assessment running? A. No NOTE: THE STATEMENTS CONTAINED HEREIN ARE ONLY A SUMMARY IN NATURE. A PROSPECTIVE PURCHASER / RENTER SHOULD REFER TO THE CONDOMINIUM GOVERNING DOCUMENTS OR REQUEST INFORMATION FROM THE MANAGEMENT COMPANY. Page 10 of 10

LEASE ADDENDUM- TARACOMO TOWNHOMES CONDO ASSOCIATION This addendum is made this day of - 20, and is added to and amends that certain lease/rental agreement by and between as Tenant(s) and as Landlord(s), which lease rental agreement is dated day of, 20, for property address, hereinafter referred to as Property, which is subject to the Declaration of Condominium ("Declaration") and Rules and Regulations for Taracomo Townhomes Condominium Assn, Inc., hereinafter referred to as "Association." Said lease rental agreement is amended as follows: Assignment of Rent: 1. Landlord(s) and Tenant(s) agree that in the event Landlord is delinquent in paying regular assessments, special assessments, attorney fees and costs incurred in collection to the Association, which is not cured within any applicable grace period, the Association shall have the right and authority, in its sole discretion to demand the Tenant to pay the rent to the Association or its agent, and Tenant(s) agree to pay the rent to the Association or it's agent, upon ten (10) days written notice from the Association. The rent shall be applied to the amount owed by Landlord(s) to the Association in the following manner: first to any interest accrued, then to any administrative late fee, then to any costs and reasonable attorney's fees incurred in collection, and then to the delinquent assessment, pursuant to Florida Statute 718.116(11). The demand is continuing in nature and, upon demand, the tenant must pay the monetary obligations to the association until the association releases the tenant or the tenant discontinues tenancy in the unit 2. The Association shall only be accountable for money actually received by it pursuant to this Lease Addendum and shall have no liability or obligation to Tenant(s) for any advance rent or security deposits paid to Landlord(s). If a rental payment is more than the interest, late fees, costs and attorney fees incurred in collection and the delinquent assessments owed on the account, then there will be a credit on the account towards the next assessment installment. 3. Pursuant to Fl Statutes 718 and upon notice to the Landlord(s), the Association has the right to accelerate assessment installments through the fiscal year if assessments are delinquent. Landlord(s) and Tenant(s) agree that if assessments are accelerated through the fiscal year, the Association shall have the right and authority to require Tenant(s) to pay rent towards the delinquent assessments through the fiscal year until the delinquent assessments are paid in full. 4. The Association shall give Landlord(s) and Tenant(s) written notice when the account is paid in full and rental payments to the Landlord(s) can then be resumed. Violations of Association s Governing Documents and Rules and Regulations: 5. Landlord(s) and Tenant(s) agrees that iftenant(s), their guests, and invitees violate the Association's governing documents and Rules and Regulations, the Association shall have the right to terminate the lease rental agreement and Lease Addendum and evict Tenant(s) from the Property in the name of the Association and as agent for the Landlord(s). 6. Landlord(s) and Tenant(s) agree that they are jointly liable to the Association for damage to Association property caused by Tenant(s), their guests and invitees and such damage will be charged in the form of a special assessment against the Property. Indemnity, Legal Action, Attorney Fees and Costs: 7. Landlord(s) agrees to indemnify and hold Association harmless of and from any and all liability, loss, or damage which Association may incur under the lease rental agreement and Lease Addendum from any and all claims and demands whatsoever. Initial Landlord Initial Tenant Initial Assn Agent

8. Landlord(s) and Tenant(s) agree that should Tenant(s) fail to comply with the lease rental agreement and Lease Addendum, the Association is hereby authorized to bring legal action against Tenant(s) to evict Tenant(s) from the Property or file an injunction lawsuit to enforce compliance to be brought in the name of the Association and as agent for Landlord(s). Landlord(s) and Tenant(s) agree that they shall be jointly liable for all attorney fees and costs, including at the appellate level, that are incurred by the Association for enforcement of the lease rental agreement and Lease Addendum. Landlord(s) Full Name Signature and Date Tenant(s) Full Name Signature and Date On Behalf of Taracomo Townhomes Condominium Association: Full Name Title Signature and Date